The security after printing higher high prices has been sideways for quite some time.
The trendline was successfully violated almost a month ago. Afterwards the bulls staged a 2 day rally followed by a sharp legged recovery on 20th Dec. This shows the momentum is in favor of bulls. So when the bulls succeed in closing the price above 37.60 we shall join them. Pl observe SL in your trading.
pl do share your thoughts as we learn together.
The trendline was successfully violated almost a month ago. Afterwards the bulls staged a 2 day rally followed by a sharp legged recovery on 20th Dec. This shows the momentum is in favor of bulls. So when the bulls succeed in closing the price above 37.60 we shall join them. Pl observe SL in your trading.
pl do share your thoughts as we learn together.
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